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A UAE-based NRI Non-Resident Indian received a GST notice for ₹2.84 crore, allegedly linked to a fake firm, and has claimed misuse of his PAN Permanent Account Number . This…
A crackdown on GST fraud has uncovered instances of fake firms illegally claiming Input Tax Credit ITC . This indicates ongoing efforts by tax authorities to identify and penalize…
Companies may face penalties for not filing MSME Form I regarding delayed payments to Micro and Small Enterprises. This highlights the regulatory requirement for companies to…
The Kerala High Court directed the SGST State Goods and Services Tax Department to pass an order on a cross-examination application in a challenge against penalty proceedings…
CESTAT Customs, Excise, and Service Tax Appellate Tribunal dismissed an appeal, ruling that creditors, including the Central Government, are barred from recovering omitted…
CESTAT Customs, Excise, and Service Tax Appellate Tribunal held that the construction of an educational institution, being non-commercial in nature, is exempt from service tax.…
The Kerala High Court held that the registration of a trust under Section 12A of the Income Tax Act cannot be rejected due to a delay that occurred in approving amendments to its…
CESTAT Customs, Excise, and Service Tax Appellate Tribunal ruled that CENVAT credit extends to the period prior to excise registration, allowing credit to a baking soda…
The Calcutta High Court allowed a concessional rate of duty on an interstate sale. The specific duty involved is not mentioned in the title, but the court's decision suggests that…
The Orissa High Court condoned a delay in invoking Rule 23 of the OGST Odisha Goods and Services Tax Rules, considering the petitioner's willingness to pay the applicable late fee…
The Allahabad High Court addressed a case where Bank of Baroda allegedly illegally repossessed and auctioned a defaulting borrower's property, directing the bank to pay…
The government has imposed a safeguard duty on non-alloy and alloy steel flat products for a period of 200 days. This measure is intended to protect the domestic steel industry…
A crackdown on GST fraud has uncovered instances of fake firms illegally claiming Input Tax Credit ITC . This indicates ongoing efforts by tax authorities to identify and penalize…
CESTAT Customs, Excise, and Service Tax Appellate Tribunal reiterated that service tax is not applicable on the buying or selling of space in print media. This reaffirms the view…
A UAE-based NRI Non-Resident Indian received a GST notice for ₹2.84 crore, allegedly linked to a fake firm, and has claimed misuse of his PAN Permanent Account Number . This…
The Supreme Court issued directions to ensure the direct bank transfer of compensation to road accident victims and workmen. This move aims to streamline the process of disbursing…
The Delhi High Court is considering issues related to Section 21 reporting of POCSO Protection of Children from Sexual Offences Act crimes. Section 21 mandates the reporting of…
The Supreme Court deemed a plea seeking to confer Article 142 powers on High Courts as "completely misconceived" and rejected it. Article 142 grants the Supreme Court unique…
The Competition Commission of India CCI imposed a penalty of ₹202 crore on Google for abuse of dominance in the Android TV market and subsequently settled the case. The penalty…
The Supreme Court deemed a plea seeking to confer Article 142 powers on High Courts as "completely misconceived" and rejected it. Article 142 grants the Supreme Court unique…
The Delhi High Court addressed a case where jail authorities were repeatedly denying parole to a prisoner on the same grounds that had been previously rejected by the court in an…
The Jammu & Kashmir High Court ruled that a civil court does not have the jurisdiction to decide land disputes covered under the Agrarian Reforms Act. The court upheld the…
The Karnataka High Court reserved its order on the bail application of Kannada actress Ranya Rao in a gold smuggling case. The actress is accused of involvement in the illegal…
The Delhi High Court clarified that the grant of post-award interest under Section 31 7 b of the Arbitration and Conciliation Act is mandatory. The court stated that while…
The Supreme Court is set to adjudicate a crucial legal question: whether the act of match-fixing constitutes a criminal offense under Indian law. This issue has arisen in the…
The Punjab and Haryana High Court has taken a strong stance against custodial lapses by ordering the state government to pay a compensation of ₹3 lakh to a man who was illegally…
Zupee, an Indian online gaming platform specializing in skill-based games, has announced a significant financial milestone by posting a profit after tax PAT of ₹146 crore in the…
The Delhi High Court is considering issues related to Section 21 reporting of POCSO Protection of Children from Sexual Offences Act crimes. Section 21 mandates the reporting of…
The Andhra Pradesh High Court ruled on an assessment order issued beyond the limitation period, involving a tax liability of ₹50 lakh. The court's decision likely invalidates the…
The Allahabad High Court addressed a case where Bank of Baroda allegedly illegally repossessed and auctioned a defaulting borrower's property, directing the bank to pay…
The Jammu & Kashmir High Court delivered a judgment clarifying the lapse of land acquisition proceedings. The ruling likely interprets the relevant land acquisition laws and…
The Delhi High Court is addressing a case involving Baba Ramdev and Hamdard's RoohAfza over an alleged "jihad" remark. The court is likely examining the context and implications…
E-commerce giant Flipkart is reportedly considering a "reverse flip," which involves relocating its holding company back to India from Singapore. Flipkart, originally founded in…
Uniqus, a consulting firm specializing in providing business solutions, has successfully raised $20 million in funding. This capital infusion will be strategically used by Uniqus…
Alphabet Inc., the parent company of Google, is reportedly engaged in discussions to potentially shift the production of its Pixel smartphones to India. This move would align with…
The Rajasthan High Court initiated contempt proceedings against a government advocate for non-appointment under Section 24 of the Criminal Procedure Code CrPC . Section 24 deals…
The first GST Grievance Redressal Committee meeting was held in Trivandrum, Kerala. These committees are established to address issues and concerns faced by taxpayers under the…
The Orissa High Court condoned a delay in invoking Rule 23 of the OGST Odisha Goods and Services Tax Rules, considering the petitioner's willingness to pay the applicable late fee…
The Calcutta High Court allowed a concessional rate of duty on an interstate sale. The specific duty involved is not mentioned in the title, but the court's decision suggests that…
The Calcutta High Court granted time to the All India Trinamool Congress to respond to an income tax Show Cause Notice SCN issued on variations, noting that adequate time was not…
Vayudh, an Indian drone technology startup, has successfully raised $10 million in funding from Dharana Capital and other investors. This investment underscores the growing…
Ather Energy, as it prepares for its upcoming Initial Public Offering IPO , has demonstrated significant progress in improving its financial performance by reducing its losses by…
Ather Energy, a prominent electric vehicle startup in India, has officially filed its Red Herring Prospectus RHP with SEBI for its upcoming Initial Public Offering IPO . The…
An article explains how to correctly apply CGST Central GST , SGST State GST , or IGST Integrated GST on freight services under the Reverse Charge Mechanism RCM , as per Section 5…
Companies may face penalties for not filing MSME Form I regarding delayed payments to Micro and Small Enterprises. This highlights the regulatory requirement for companies to…
The Allahabad High Court granted bail to a GST fraud accused, stating that "organized crime" and "gangster" are not synonymous. The court distinguished between general economic…
ICAI Institute of Chartered Accountants of India has signed an MoU Memorandum of Understanding with the CAG Comptroller and Auditor General of India to enhance the capacity…
SEBI Securities and Exchange Board of India has barred the immediate family members of insiders from trading during the window closure period. This measure aims to prevent insider…
Devyani International, a major franchisee for global food chains like KFC and Pizza Hut in India, is reportedly in discussions to acquire a majority stake in Biryani By Kilo BBK ,…
The RBI Reserve Bank of India has notified revised guidelines for the opening and operation of bank accounts for minors. These updated regulations likely aim to simplify the…
A UAE-based NRI Non-Resident Indian received a GST notice for ₹2.84 crore, allegedly linked to a fake firm, and has claimed misuse of his PAN Permanent Account Number . This…
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